§6250. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1989, c. 534, Pt. C, §1 (NEW).] 1. Benefited property. [PL 1989, c. 534, Pt. C, §1 (NEW); PL 1989, c. 713, §1 (RP).] 2. Bureau. “Bureau” means the Bureau of Revenue Services. […]
§6251. Deferral of tax on homestead; joint election; age requirement; filing claim 1. Filing claim. Subject to section 6252, a taxpayer may apply to defer the property taxes on the taxpayer’s homestead by filing a claim for deferral with the municipal assessor after January 1st but no later than April 1st of the first year […]
§6252. Property entitled to deferral In order to qualify for tax deferral under this chapter, the property must meet all of the following requirements when the claim is filed and thereafter as long as the payment of taxes by the taxpayer is deferred. [PL 1989, c. 534, Pt. C, §1 (NEW).] 1. Claimant’s homestead. […]
§6253. Claim forms; contents 1. Administration. A taxpayer’s claim for deferral under this chapter must be in writing on a form supplied by the bureau and must: A. Describe the homestead; [PL 1989, c. 534, Pt. C, §1 (NEW).] B. Provide information establishing the eligibility for the deferral under this chapter, including information […]
§6254. State liens against tax-deferred property 1. Lien. The lien provided in section 552 must continue for purposes of protecting the State’s deferred tax interest in tax deferred property. When it is determined that one of the events set out in section 6259 has occurred and that a property is no longer eligible for property […]
§6255. Listing of tax-deferred property; interest accrual 1. Tax-deferred property list. If eligibility for deferral of homestead property is established as provided in this chapter, the bureau shall notify the municipal assessor and the municipal assessor shall show on the current ad valorem assessment and tax roll which property is tax-deferred property by an entry […]
§6256. Recording liens in county; recording constitutes notice of state lien 1. Recording of liens. For each municipality in which there is tax-deferred property, the bureau shall cause to be recorded in the mortgage records of the county, a list of tax-deferred properties of that municipality. The list must contain a description of the property […]
§6257. Payment of amount equivalent to deferred taxes by the State 1. Payment of deferred taxes. Within 30 days of the receipt of information from a municipal tax collector concerning the amount of deferred property taxes in the respective municipality, the State Tax Assessor shall certify that amount to the Treasurer of State who shall […]
§6258. Annual notice to taxpayer 1. Annual deferral notice. On or before December 15th of each year, the bureau shall send a notice to each taxpayer who has claimed deferral of property taxes for the current tax year. The notice must: A. Inform the taxpayer that the property taxes have been deferred in the […]
§6259. Events requiring payment of deferred tax and interest Subject to section 6261, all deferred property taxes, including accrued interest, become payable as provided in section 6260 when: [PL 1989, c. 534, Pt. C, §1 (NEW).] 1. Death of claimant. The taxpayer who claimed deferment of collection of property taxes on the homestead dies […]
§6260. Time for payments; delinquencies Whenever any of the circumstances listed in section 6259 occurs: [PL 1989, c. 534, Pt. C, §1 (NEW).] 1. Continuation of assessment year. The deferral of taxes for the assessment year in which the circumstance occurs shall continue for that assessment year; [PL 1989, c. 534, Pt. C, […]
§6261. Election by spouse to continue tax deferral 1. Continuation by spouse. When one of the circumstances listed in section 6259, subsections 1 to 3 occurs, the spouse who did not or was not eligible to file a claim jointly with the taxpayer may continue the property in its deferred tax status by filing a […]
§6262. Voluntary payment of deferred tax and interest 1. Payments. All payments of deferred taxes shall be made to the bureau. [PL 1989, c. 534, Pt. C, §1 (NEW).] 2. Taxes and interest. Subject to subsection 3, all or part of the deferred taxes and accrued interest may at any time be paid to […]
§6263. Extension of time for payment upon death of claimant or spouse 1. Payment extension. If the taxpayer who claimed homestead property tax deferral dies, or if a spouse who continued the deferral under section 6261 dies, the bureau may extend the time for payment of the deferred taxes and interest accruing with respect to […]
§6264. Limitations Nothing in this chapter is intended to or may be construed to: [PL 1989, c. 534, Pt. C, §1 (NEW).] 1. Foreclosure. Prevent the collection, by foreclosure, of property taxes which become a lien against tax-deferred property; [PL 1989, c. 534, Pt. C, §1 (NEW).] 2. Benefited property. [PL 1989, c. […]
§6265. Deed or contract clauses preventing application for deferral prohibited; clauses void After the effective date of this chapter, it shall be unlawful for any mortgage trust deed or land sale contract to contain a clause or statement that prohibits the owner from applying for the benefits of the deferral of homestead property taxes provided […]
§6266. Senior Property Tax Deferral Revolving Account; sources; uses 1. Revolving account. This section establishes in the State Treasury the Senior Property Tax Deferral Revolving Account, referred to in this section as “the revolving account,” to be used by the bureau for the purpose of making the payments to municipal tax collectors and to the […]
§6267. Phase out of elderly tax deferral program (REPEALED) SECTION HISTORY PL 1993, c. 707, §G10 (NEW). PL 2021, c. 483, Pt. AA, §20 (RP).
